CRONAN THOMAS L III 4
4 · REDBACK NETWORKS INC · Filed Jan 4, 2006
Insider Transaction Report
Form 4
CRONAN THOMAS L III
SVP Finance, CFO
Transactions
- Exercise/Conversion
Non-qualified Stock Option
2006-01-03−100→ 155,000 totalExercise: $4.60Exp: 2014-01-03→ Common Stock (100 underlying) - Exercise/Conversion
Non-qualified Stock Option
2006-01-03−9,500→ 155,500 totalExercise: $4.60Exp: 2014-01-03→ Common Stock (9,500 underlying) - Exercise/Conversion
Common Stock
2006-01-03$4.60/sh+9,500$43,700→ 9,509 total - Exercise/Conversion
Common Stock
2006-01-03$4.60/sh+400$1,840→ 409 total - Sale
Common Stock
2006-01-03$14.71/sh−400$5,882→ 9 total - Exercise/Conversion
Common Stock
2006-01-03$4.60/sh+100$460→ 109 total - Sale
Common Stock
2006-01-03$14.74/sh−100$1,474→ 9 total - Sale
Common Stock
2006-01-03$14.70/sh−9,500$139,650→ 9 total - Exercise/Conversion
Non-qualified Stock Option
2006-01-03−400→ 155,100 totalExercise: $4.60Exp: 2014-01-03→ Common Stock (400 underlying)
Footnotes (2)
- [F1]Shares sold pursuant to a Rule 10b5-1 Sales Plan currently in effect.
- [F2]54.16% of the shares subject to the option will vest 12 months from the date of grant with the remaining percentage vesting over a subsequent 24 months, with 100% full vest three years from date of grant.